Zapata Quantum (OTCMKTS:ZPTA) Upgraded at Zacks Research

Zacks Research upgraded shares of Zapata Quantum (OTCMKTS:ZPTA) to a hold rating in a research note issued to investors on Monday morning,Zacks reports.

Separately, Craig Hallum raised Zapata Quantum to a “strong-buy” rating in a report on Tuesday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy”.

Zapata Quantum Stock Performance

ZPTA stock opened at $0.56 on Monday. The business’s 50-day moving average price is $0.78 and its two-hundred day moving average price is $0.84. The company has a current ratio of 2.26, a quick ratio of 2.26 and a debt-to-equity ratio of 1.48. The firm has a market cap of $104.90 million, a PE ratio of -28.00 and a beta of 20.94. Zapata Quantum has a 1-year low of $0.04 and a 1-year high of $2.35.

Zapata Quantum (OTCMKTS:ZPTA) last posted its earnings results on Friday, August 14th. The quantum software company reported ($0.01) earnings per share (EPS) for the quarter. As a group, research analysts forecast that Zapata Quantum will post -0.03 earnings per share for the current year.

Zapata Quantum Company Profile

Zapata Computing Holdings Inc operates as an industrial generative artificial intelligence (AI) software company in the United States. The company offers subscription-based solutions that combine software and services to develop generative AI applications, as well as accompanying services to solve complex industrial problems. It also provides Zapata AI Sense, a suite of algorithms and complex mathematical models to enhance analytics and other data-driven applications; Zapata AI Prose, a set of generative AI solutions based on large language models for generic chatbot applications; and Orquestra, an industrial generative AI application development platform, which provides sense and prose.